Career
After obtaining his MBA, Chambers began his career in technology sales at
IBM 1976–1983 when he was 27 years old. At 34 years old, in 1983, Chambers joined
Wang Laboratories, later becoming Vice President of US Operations in 1987. During Chambers' time at the company, Wang's profits declined dramatically from $2 billion 1989 to a $700 million loss in 1990. A year later, Chambers left Wang to join Cisco, which had gone public on February 16, 1990. In 1995 Chambers became CEO of Cisco, a position he held until 2015. He had also been promoted to board chairman in 2006. During his tenure as CEO, the company's annual sales grew from $1.9 billion to $49.2 billion. On July 27, 2015,
Chuck Robbins replaced Chambers as CEO of Cisco Systems. Following his tenure as CEO, Chambers remained on the board until 2017, when he retired from the company. In October 2016, he was reported to own over 1.7 million Cisco shares worth approximately US$54 million. He holds the honorary title of Chairman Emeritus but holds no authority within the company. (2007). In early 2021, Chambers became a member of the board of directors of
Quantum Metric, a software company based in
Colorado Springs. John Chambers was chairman of the Board of Pensando. Chambers served on the board of directors of
myCFO. ==Personal==
Compensation
• 2014 – Total compensation of $16,488,184, which included a base salary of $1,100,000, a cash bonus of $2,500,000, stocks granted of $12,876,709, and other compensation worth $11,475. • 2013 – Total compensation of $21,049,501, which included a base salary of $1,100,000, a cash bonus of $4,700,080, stocks granted of $15,237,652, and other compensation worth $11,769. • 2012 – Total compensation of $11,687,666, which included a base salary of $375,000, a cash bonus of $3,953,376, stocks granted of $7,348,265, and other compensation worth $11,025. • 2008 – Total compensation of $18,767,149, which included a base salary of $375,000, a cash bonus of $3,002,802, stocks granted of $6,442,000, and options granted of $8,938,260. • 2007 – Total compensation of $12,801,773, which included a base salary of $350,096, a cash bonus of $3,500,000 and options granted of $8,944,000. == Published books by Chambers ==
Published books by Chambers
Chambers has published a book about his management and leadership style. • Connecting the Dots: Lessons for Leadership in a Startup World (Chambers, John, Hachette, 2018) ==References==